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Please assist with the attached accounting question. A $350,000 capital investment proposal has an estimated life of four years and no residual value. The estimated
Please assist with the attached accounting question.
A $350,000 capital investment proposal has an estimated life of four years and no residual value. The estimated net cash flows are as follows: Year Net Cash Flow $150,000 130,000 104,000 go,ooo The minimum desired rate of return for net present value analysis is 12%. The present value of $1 at compound interest of 12% for 1, 2, 3, and 4 years is 0.893, 0.797, 0.712, and 0.636, respectively. Determine the net present value.
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